84 Shepards Knoll Dr UNIT 84HamdenCT06514
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Hamden at 84 Shepards Knoll Dr UNIT 84, Hamden, CT, 06514 generates $2,261/mo in rent and, after a $905/mo payment, leaves $657/mo in cash flow. Total monthly income is $2,261/mo, and annual cash flow is $7,878/yr on $61,328 invested. Return on cash invested sits at 32.75% in year one, and rental yield is 14.67% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 175.03% and total cumulative return in cash sums $107,343. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,261/mo property income rather than buyer’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
$348 monthly HOA
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Listed by: Janie Ouellette • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24086479
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.